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PRIVATE CLIENT
FAMILY MATTERS
INHERITANCE MATTERS
INHERITANCE MATTERS
YOUR CASE :
You want to avoid conflict between your children concerning the sharing of your effects after your death or a close member of your family has just passes away and you want to avoid a situation arising where you are accused of taking their effects or you simply want to prevent a third party from taking personal assets
You have just inherited a property in a dilapidated state and you are worried that someone may question its value after you have carried out work on the property
A person who owes you money has just died
YOUR SOLUTION :
Often the death of a family member quickly reignites conflicts and jealousy concerning the sharing of personal property “Where has the chest of draws gone ? ” “Where is father’s wedding ring ? “
Several days can pass between the date of death and the distribution of the effects. It is therefore indispensable that an inventory of the effects is drafted. The bailiff can prepare an inventory of all the effects by taking photographs of them.
The country house which you have just inherited is very dilapidated. The electricity, woodwork, insulation and interior design need redoing. You have inherited this asset “for a pittance”, however after the work has been done its value will not remain the same and it is indispensable that evidence of the initial state of the premises is recorded
This evidence can be used against the tax authorities who may reinvestigate the inheritance tax on the property which you have inherited on the basis that it was obviously undervalued at the beginning. You may also use this evidence against a co-beneficiary who feels aggrieved by the outcome of the succession.
Be careful ! These precautions are purely amicable solutions and do not enter into the domain of litigation, rather they are there to avoid such steps. As soon as you receive a certificated official report, do not hesitate to send the inventory made to your brothers and sisters so that they are made aware of it..
Your debtor has just died and you think that you will never see your money again.
Before distribution, the bailiff can serve a notice of opposition to distribution of the estate on the notaire dealing with the succession. The bailiff can then send the court order which shows your entitlement to the beneficiaries so that they will be obliged to pay the amount that was owed by the deceased.
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